Solid-as-they-come all-brick Chicago vintage row-house - built in the 1890s and still delivering. This 4 bed/2 bath single-family home is tenant-occupied at $2,200/month with a 2-car detached garage, generating $26,400 annually with no unit turnover complexity. Over 130 years of Chicago winters haven't slowed it down - newer mechanicals mean the bones are matched by the systems. Thick masonry walls, character details, and the kind of construction quality you simply can't replicate at this price point. A clean, uncomplicated cash-flow asset for the investor who knows what they're looking for. TIMING NOTE: This property is being marketed in coordination with 2442 W Fillmore St (MLS#12606245), a fully rented all-brick 3-flat with three 3bd/2 bath units listed at $825,000. Each property may be purchased independently - buyers are not required to acquire both. However, seller is requiring that closings on both properties occur within a close timeframe of one another, as this transaction is part of a 1031 exchange. Buyers should be prepared for a time-sensitive, coordinated closing schedule.
Listed By
Agency Name: Berg Properties
Agency Phone: 888-276-9959
Shown By
Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100
Estimated Payment
$ 2,095.73 per month $1,693.94 Principal & Interest $304.08 Property Tax $97.71 Homeowner's Insurance
2440 W Lexington Street | MLS# 12605875
This townhouse located at 2440 W Lexington Street, Chicago, IL 60612 is currently listed for sale with an asking price of $335,000. This property was built in 1890 and has 4 bedrooms and 2 full baths with 1224 sq. ft. W Lexington Street is located within the District 299 school district. Search Chicago real estate on www.mycrr.com today.